Brazilian aircraft manufacturer Embraer SA is paying more than $205 million to the DOJ and SEC to resolve violations of the Foreign Corrupt Practices Act.
Entries in Dominican Republic (6)
Brazilian aircraft manufacturer Embraer SA said Friday it booked a $200 million loss contingency in connection with "allegations of non-compliance with the U.S. Foreign Corrupt Practices Act."
Authorities in Brazil filed a criminal action against eight Embraer SA employees for an alleged $3.5 million bribe to an official in the Dominican Republic in return for a $92 million contract for attack planes.
The former chief of Indonesia's traffic police is on trial, accused of corruptly amassing houses, land, cars, and even gas stations.